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JDS Uniphase Corp (CA Rises On Unusually High Volume (JDSU)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK (
TheStreet) --
JDS Uniphase Corp (CA (Nasdaq:
JDSU) is trading at unusually high volume Thursday with nine million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $1.09 (+8.3%) at $14.22 as of 4 p.m. ET.

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JDS Uniphase Corp (CA has a market cap of $3.15 billion and is part of the technology sector and telecommunications industry. Shares are down 2.7% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates JDS Uniphase Corp (CA as a
hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full
JDS Uniphase Corp (CA Ratings Report.